Retail sales in Germany decreased at a monthly rate of 1.9% in February, data by the Federal Statistical Office showed on Thursday.
The actual figure confounded market expectations of a 0.3% monthly growth
In annual terms, German retail sales shrank 2.7% in February, which marked the fourth consecutive month of contraction and the steepest fall since September 2023.
The euro zone’s two largest economies saw private-sector business activity slump in September as Germany’s manufacturing woes worsened and France’s services industry sank. S&P Global’s flash purchasing managers’ index (PMI) for Germany fell more than […]
One sees why neo-liberalism is failing not only the environment but also the economy. Law to protect capitalism are all that count and that is what organisations like the EU are there for, to enforce […]
Why the shibboleths of neo-classical economics are at the root of the current failings of our society. Read here
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